Singapore, Oct. 15 -- Singapore's economy grew faster than expected in the third quarter of 2025, supported by a strong recovery in manufacturing and domestic consumption.
Data released by the Ministry of Trade and Industry (MTI) on October 14 showed that the economy expanded by 2.9% year-on-year, slower than the 4.5% growth in the previous quarter but higher than the 2% forecast by economists in a Bloomberg poll.
On a seasonally adjusted quarter-on-quarter basis, the economy grew 1.3%, slightly below the 1.5% recorded in the second quarter.
During the third quarter, manufacturing output was flat year-on-year, easing from a 5% expansion in the previous quarter, MTI data showed. The slowdown was mainly due to lower output in the biomedi...
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